Commerce Bank

Commercial Banking Relationship Manager

Commerce Bank$83K — $163K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or equivalent experience required
  • 1+ years of commercial banking experience required
  • Basic knowledge of a full range of commercial products and credit policies
  • Strong time management and prioritization skills
  • Goal-oriented with proven sales skills
  • Strong analytical and problem-solving acumen
  • Effective persuasion and negotiation abilities

Responsibilities

  • Reach out to customers and prospects to acquire new business
  • Serve as primary advisor for a portfolio of complex commercial relationships
  • Coordinate with product partners for cross-selling opportunities
  • Review and analyze portfolio to minimize risk and maximize profitability
  • Facilitate credit requests and ensure regulatory compliance
  • Resolve customer issues with product expertise as needed
  • Engage in community and business functions to enhance bank's image

Benefits

  • Health, dental, and vision insurance
  • 401(k) plan
  • Life insurance
  • Paid vacation and personal time
  • Career development and education assistance
  • Voluntary supplemental benefits
Full Job Description

Compensation Range

Annual Salary: $83,375.00 - $163,300.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to be involved in both the comprehensive management of existing commercial relationships as well as solicit new business opportunities with assigned customers and targeted prospects. Although it can vary by market, targeted companies generally include those with annual sales of $15MM and over.

Essential Functions

  • Reach out to assigned customers and targeted prospects with the objective to acquire new business

  • Serve as the primary advisor for an assigned portfolio of diverse and complex commercial relationships, ensuring a high level of customer satisfaction and retention

  • Coordinate with product partners to cross-sell a full range of products and services

  • Critically review and analyze portfolio to reduce risk and enhance profitability

  • Facilitate credit requests, including loan structuring, negotiating/pricing, collateral, ensuring adequate loan documentation, and analyzing industry/credit risk

  • Facilitate the resolution of customer problems, engaging product experts as needed

  • Participate in community and business functions/groups to ensure a positive image for the bank and to establish referral contacts within the marketplace

  • Ensure compliance with all bank policies, procedures, regulations, and laws

  • Manage a portfolio of commercial relationships with some or all of the following characteristics:

    • Average loan portfolio O/S of $25MM to $50MM

    • Average deposit portfolio of $10MM to $25MM

    • Annual contribution of $250M to $500M

  • Perform other duties as assigned

Knowledge, Skills & Abilities Required

  • Basic knowledge of full range of commercial products, credit policies, procedures and terminology

  • Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria; ongoing employment may be contingent upon meeting all driving requirements

  • Strong time management skills, with ability to appropriately prioritize calling activities and strategies

  • Goal oriented with strong sales skills

  • Strong strategic, analytical, and problem-solving skills

  • Basic credit analysis skills

  • Strong persuasive and negotiation skills

  • Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

  • Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

  • Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

  • Basic proficiency with Microsoft Word, Excel and Outlook

Education & Experience

  • Bachelor’s degree in Business Administration, or equivalent combination of education and experience required

  • 1+ years of commercial banking experience required

**Level of role is determined by knowledge, experience, skills, abilities, and education

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Commercial Banking Relationship Manager I, II, and III job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $83,375 to $163,300 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.

#LI-KD1

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Click here to learn more.

Location: 7481 E Arapahoe Road, Centennial, Colorado 80112

Time Type:

Full time

About Commerce Bank

Commerce Bancshares, Inc. is a Kansas City, Missouri based bank holding company with branches of its Commerce Bank in Colorado, Illinois, Kansas, Missouri, Oklahoma, and Texas. Commerce Bancshares, Inc. is the corporate parent of Commerce Bank, a provider of a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States.
Learn more about Commerce Bank
Size
4,500 employees
Industry
Founded
1865

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